Summary - 12 NETHERTON GROVE NORTH SHIELDS NE29 8JL
1 bed 1 bath Flat
**Standout Features:**
- One-bedroom first floor flat in North Shields
- Tenant in situ, currently generating £350pcm
- Private rear garden
- Gas central heating and double glazing
- Leasehold with 119 years remaining
**Property Summary:**
This well-presented one-bedroom first-floor flat offers a fantastic investment opportunity in a popular residential area of North Shields. With a solid monthly rental income of £350 and an average size of 506 square feet, the flat features a bright living room, a cozy bedroom, and a functional kitchen and bathroom. The property is equipped with gas central heating and double glazing, ensuring comfort year-round.
Set within a lively community, you’ll have easy access to local amenities and transport links, connecting you effortlessly to Newcastle and the stunning coast. The private rear garden provides a perfect outdoor space, enhancing your living experience.
While the area may have higher crime rates and signifies a challenging socioeconomic background, the rental potential makes it a compelling choice for investors. Additionally, the current low council tax and ground rent of just £200 per year further improves financial appeal. Don’t miss out on this exclusive opportunity—properties at this price point aren’t available for long!
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